Alphabet Inc. $GOOG Stock Bought by Rakuten Investment Management Inc.

Rakuten Investment Management Inc. raised its stake in Alphabet Inc. (NASDAQ:GOOG) by 11.1% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,021,715 shares of the information services provider’s stock after acquiring an additional 101,736 shares during the quarter. Alphabet makes up 0.8% of Rakuten Investment Management Inc.’s portfolio, making the stock its 14th biggest holding. Rakuten Investment Management Inc.’s holdings in Alphabet were worth $344,645,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. BlackRock Inc. raised its stake in Alphabet by 1.4% in the 2nd quarter. BlackRock Inc. now owns 369,922,502 shares of the information services provider’s stock valued at $130,704,718,000 after purchasing an additional 5,164,200 shares during the last quarter. State Street Corp lifted its holdings in Alphabet by 2.8% in the 2nd quarter. State Street Corp now owns 190,923,442 shares of the information services provider’s stock valued at $67,458,980,000 after purchasing an additional 5,208,690 shares in the last quarter. Amundi boosted its stake in shares of Alphabet by 22.9% during the 1st quarter. Amundi now owns 21,922,379 shares of the information services provider’s stock worth $6,288,654,000 after purchasing an additional 4,083,758 shares during the last quarter. Deutsche Bank AG boosted its stake in shares of Alphabet by 5.6% during the 2nd quarter. Deutsche Bank AG now owns 17,313,729 shares of the information services provider’s stock worth $6,117,460,000 after purchasing an additional 913,666 shares during the last quarter. Finally, Wellington Management Group LLP grew its holdings in shares of Alphabet by 24.9% during the second quarter. Wellington Management Group LLP now owns 17,209,454 shares of the information services provider’s stock worth $6,080,616,000 after buying an additional 3,432,287 shares in the last quarter. 27.26% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

GOOG has been the subject of a number of analyst reports. UBS Group reissued a “reduce” rating on shares of Alphabet in a research report on Thursday, October 29th. The Goldman Sachs Group lowered their target price on shares of Alphabet from $440.00 to $435.00 and set a “buy” rating for the company in a research note on Thursday, July 23rd. Cantor Fitzgerald reiterated an “overweight” rating and issued a $350.00 price target on shares of Alphabet in a report on Thursday, October 29th. Wolfe Research reissued an “outperform” rating on shares of Alphabet in a research note on Thursday, August 27th. Finally, JPMorgan Chase & Co. decreased their price objective on Alphabet from $425.00 to $375.00 and set an “overweight” rating on the stock in a report on Thursday, October 29th. Six investment analysts have rated the stock with a Strong Buy rating, thirty-five have issued a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $413.38.

Alphabet News Summary

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Google’s Cloud, Gemini, advertising and streaming businesses are showing improving demand, according to market commentary. Reports also cite more than 1 billion Gemini app users and rapid Google Cloud growth, supporting the case that AI can create revenue beyond traditional Search. Article: GOOGL Cloud Momentum Clashes with Google Search Concerns
• Positive Sentiment: Alphabet disclosed a roughly $548 million Qualcomm stake, which could strengthen its AI data-center supply and technology relationships. Article: Alphabet discloses $548 million worth of Qualcomm stake
• Neutral Sentiment: Google acquired Crusoe’s planned Wyoming data-center site as part of a reported $17 billion expansion, with a pledge to cover the facility’s power costs. More capacity could support AI and cloud growth, while the scale of investment and energy needs add to concerns about spending and infrastructure constraints. Article: Google acquires Wyoming data center site from AI infrastructure firm Crusoe
• Neutral Sentiment: Alphabet’s Wing plans to invest up to $125 million in a Texas manufacturing facility, expanding its drone-delivery capacity. It offers longer-term growth potential but is a relatively small, multi-year investment compared with Alphabet’s core businesses. Article: Alphabet’s Drone Unit to Invest Up to $125 Million in New Texas Facility
• Negative Sentiment: Investors continue to question whether AI assistants could weaken Search growth and how effectively Alphabet can monetize AI search. Heavy data-center spending also raises concerns about cash flow, electricity availability and potential regulation. Article: Are the Fears Around Alphabet’s Search Slowdown Warranted?
• Negative Sentiment: Several law firms publicized an existing securities class action alleging investor harm during May–July 2026; the claims remain allegations, but the publicity may add a legal overhang. Separately, parents’ claims over an AI chatbot’s alleged role in a student’s suicide attempt raise potential safety and reputational concerns. Article: Google faces claims student used AI chat on US school laptop to plan suicide attempt

Insider Buying and Selling

In other Alphabet news, Director Frances Arnold sold 83 shares of the stock in a transaction that occurred on Wednesday, September 30th. The stock was sold at an average price of $340.45, for a total transaction of $28,257.35. Following the transaction, the director owned 19,076 shares of the company’s stock, valued at $6,494,424.20. This trade represents a 0.43% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Over the last 90 days, insiders sold 247 shares of company stock worth $79,238. Company insiders own 12.99% of the company’s stock.

Alphabet Trading Up 0.8%

NASDAQ GOOG traded up $2.19 during mid-day trading on Friday, hitting $283.93. The company’s stock had a trading volume of 24,574,811 shares, compared to its average volume of 22,294,856. The stock’s fifty day simple moving average is $329.78 and its two-hundred day simple moving average is $337.01. The company has a debt-to-equity ratio of 0.19, a current ratio of 2.79 and a quick ratio of 2.69. Alphabet Inc. has a 52-week low of $271.41 and a 52-week high of $404.47. The firm has a market capitalization of $3.47 trillion, a P/E ratio of 14.82, a price-to-earnings-growth ratio of 0.84 and a beta of 1.21.

Alphabet (NASDAQ:GOOG) last posted its earnings results on Thursday, October 29th. The information services provider reported $2.12 EPS for the quarter, missing analysts’ consensus estimates of $3.01 by ($0.89). Alphabet had a return on equity of 43.33% and a net margin of 50.03%. The firm had revenue of $127.58 billion for the quarter, compared to analyst estimates of $127.97 billion. During the same period in the previous year, the firm posted $2.87 earnings per share. The company’s revenue for the quarter was up 24.7% on a year-over-year basis. Research analysts expect that Alphabet Inc. will post 19.80 EPS for the current year.

Alphabet Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, December 14th. Stockholders of record on Monday, December 7th will be given a $0.22 dividend. The ex-dividend date of this dividend is Monday, December 7th. This represents a $0.88 annualized dividend and a dividend yield of 0.3%. Alphabet’s payout ratio is presently 4.59%.

Alphabet Profile

Alphabet is a technology holding company whose primary business is Google. Founded in 1998 by Larry Page and Sergey Brin, Google became part of Alphabet when the company adopted a holding-company structure in 2015. Sundar Pichai leads Alphabet and Google as chief executive officer.

Google offers internet search, online advertising, cloud computing, and software and hardware products. Its services and products include Google Search, YouTube, Android, Chrome, Google Maps, Google Play, and Google Cloud.